My main criticism of McCabe's contribution (McCabe, 1998) is that he confuses reserves and resources. It would have helped if he had defined his terms before embarking on a discussion.

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McCabe comments, "On one side are [those] ... who foresee that we will soon run out of energy resources" (1998, p. 2110). That is not the case. What we are rapidly depleting are reserves: ignoring tax, gasoline is now cheaper than bottled water. Production comes from reserves, not from resources. Reserves are defined as that part of the resources that are estimated to be recovered one day. A...